29th July 2020
The European Union imposed sanctions on China over its treatment of Hong Kong on Tuesday, inching the bloc closer to the Trump administration’s more hawkish stance toward Beijing. The sanctions include limiting exports of equipment China could use for repression and reassessing extradition arrangements in light of Beijing’s imposition of… Read More
29th July 2020
Five core members of a transnational online credit-card fraud syndicate, believed to be operating from Hong Kong, were arrested this month by the Hong Kong Police Force (HKPF). The syndicate allegedly used credit card details, which were stolen via phishing emails from cardholders in Singapore, to make a series of… Read More
28th July 2020
Senior members of Hong Kong’s government are facing account terminations at foreign banks following the passage of a US sanctions law aimed at officials in the city and mainland China, the Financial Times reported Monday. Bernard Chan, the non-official convener of Hong Kong’s Executive Council, told the newspaper that… Read More
27th July 2020
The Chinese social media app WeChat might seem to be an unusual place for HSBC to publicise a decision that could alter its history, but Peter Wong knew exactly what he was doing. With its 1.2 billion users, the platform offers a direct route into homes across the People’s Republic… Read More
22nd July 2020
You can’t move in London for Russian oligarchs these days. The city is a haven for the rich and famous – or those trying to escape scrutiny. Its schools are good, it provides a stable investing environment, and according to those who monitor the flows of illicit money into the… Read More
20th July 2020
Global wealth managers are examining whether their clients in Hong Kong have ties to the city’s pro-democracy movement, in an attempt to avoid getting caught in the crosshairs of China’s new national security law, according to six people with knowledge of the matter. Bankers at Credit Suisse Group AG (… Read More
16th July 2020
The U.S. imposed sanctions on a network of individuals and entities it claims helped Russian businessman Yevgeniy Prigozhin evade U.S. sanctions. The Treasury Department blacklisted Mr. Prigozhin in 2018 for his alleged involvement in interfering with U.S. elections and the alleged financing of the Internet Research Agency. IRA, a… Read More
16th July 2020
President Donald Trump said Tuesday that he signed legislation to impose sanctions on China in response to its interference with Hong Kong’s autonomy. Trump also said that he signed an executive order ending the preferential treatment that Hong Kong has long enjoyed. “Hong Kong will now be treated the… Read More
6th July 2020
Sixty-two countries violated United Nations Security Council sanctions against North Korea over a one-year period, according to a report from a Washington, D.C.-based think tank The Institute for Science and International Security report, released Wednesday, cites over 250 alleged violations from February 2019 to February 2020 based on… Read More
3rd July 2020
US lawmakers have approved new Hong Kong-related sanctions, after Beijing imposed a security law that has been widely condemned across the world. The US measure, which penalises banks which do business with Chinese officials, was passed unanimously by both the House and the Senate. It has been sent to President… Read More